Bridged Wrapped stETH (Fuse)

(Data provided by CoinGecko)

Bridged Wrapped stETH (Fuse)

Bridged Wrapped stETH (Fuse) is a wrapped version of stETH, designed to provide a DeFi-compatible token. It maintains a constant balance through an underlying share system, reflecting staking rewards without daily balance changes. This allows for seamless integrations with various DeFi protocols. wstETH is a wrapped version of stETH. Due to the nature of Lido, the amount of stETH on your balance is not constant - it changes daily as staking rewards come in. As some DeFi protocols require a constant balance mechanism for tokens, wstETH keeps your balance of stETH fixed and uses an underlying share system to reflect your staking rewards.
Name
Bridged Wrapped stETH (Fuse)
Symbol
wsteth
Home Page
Twitter
Platform
Fuse